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Nov 15, 2012
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the fact of the matter is that john boehner might not be able to get a majority of his caucus to vote for any tax plan to put together with president obama. the democrats have to deliver and nancy is part of that. >> let us listen she was asked about her age she did not like that. >> some of your colleagues privately say they york decision to stay on prohibits the party from having a younger leadership. and hurts the party in the long term. >> what is your response? >> (audiaence gasps) >> discrimination! >> she says that the entire chinook's. gray.. for 72 years old. --she looks great-472 years old. and follow michael yaki. a half after 72 years old, she looks great. >> cloudy, cool, late evening rainfall. showers are of the day and the same on tuesday. the storm to the south is moving to the bay area. and all these clouds associated with the enormity storms but this is a rare chance that we could see this coming up from the south. it could start in the south bay first which is rare. warmer with the additional cloud coverage. mainly in the 40's with 50s for the bayshore. into the aft
the fact of the matter is that john boehner might not be able to get a majority of his caucus to vote for any tax plan to put together with president obama. the democrats have to deliver and nancy is part of that. >> let us listen she was asked about her age she did not like that. >> some of your colleagues privately say they york decision to stay on prohibits the party from having a younger leadership. and hurts the party in the long term. >> what is your response? >>...
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Nov 10, 2012
11/12
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the other thing is boehner has a real problem. boehner is somewhat of a moderate. he may want to compromise on this. actually boehner and obama individually are incentivized to compromised but face people to the extremes in their parties who will prevent it. if boehner goes too far left, i really think the tea party will toss him right out. >> that's possible, but -- >> the lines are really drawn here, but president obama won the election. doesn't that buy him some capital here? >> oh, sure, and i think the fact that boehner comes right to the table, already doing interviews. republicans have wasted no time led by boehner saying there should be compromise and there's going to be a deal. we'll have to give on something. we might have to give a percent or two, but republicans aren't going to compromise their values. we're in this for the long haul. we believe in low taxes. we're not trading in all of our values because of one election result tuesday. we still hold half the cards in this town. people talk like the republican party is extinct. we control the house of r
the other thing is boehner has a real problem. boehner is somewhat of a moderate. he may want to compromise on this. actually boehner and obama individually are incentivized to compromised but face people to the extremes in their parties who will prevent it. if boehner goes too far left, i really think the tea party will toss him right out. >> that's possible, but -- >> the lines are really drawn here, but president obama won the election. doesn't that buy him some capital here?...
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i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how much can congress get done, especially if they only give it a week or so? >> that's the big question. two things to consider here. first is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen, and that's the real stumbling block here, before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do tax reform, mitt romney proposed capping deductions, for example, during a campaign, something republicans might be able to sign on to, but even before they get to tax r
i'm encouraged about what speaker boehner said about revenues. may have hedged that a bit in the last 24 hours. may want to see where he can get it from tax reform first, ultimately, republicans are acknowledges, which is a good sign, there has to be revenue as part of the deal. >> you think it's posturing right now? >> i think it's what harry reid said. a lot of dancing going on. but i think we'll get to the thick pretty soon. >> everybody sees the fiscal cliff coming. how...
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Nov 9, 2012
11/12
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CNNW
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i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i think we'll get to the fixing pretty soon. >> gloria, everyone sees the fiscal cliff coming here. how much can congress get done in the lame duck especially if they are only going to give it a week or so? >> you know, that's a big question. look, there are two things to consider here. first of all is the question of the bush tax cuts for the wealthy expiring. the president has said that's going to happen and that's the real stumbling block here before you get even to the larger question of the fiscal cliff. everybody knows in the larger package, everybody wants to do
i'm encouraged by what speaker boehner said about revenues. he may have hedged that a little bit in the last 24 hours and may want to see where he can get it from tax reform first, but ultimately, republicans are acknowledging which is a good sign that there has to be revenue as part of this deal. same thing on the democratic side -- >> you think it's posture right now, some of this stuff we're hearing? >> i think it's what harry reid said. there's a lot of dancing going on but i...
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Nov 9, 2012
11/12
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boehner." we will focus more on that issue and issues facing latino voters later on in today's "washington journal." we will go to the democrat line. ida from longwood, florida. what is the most import issue for you in the second term? caller: the most apparent issue that the news wanted to think is the fiscal cliff. it is interesting the word fiscal cliff is a cliche for "how much money is going to be taken out of the $150 million ira's of mr. romney." understand that the fiscal cliff was imposed by bush to keep the tax benefits for the rich in place. and then in a compromise, obama continued those for another year. because in 2008 there were supposed to run out. nobody is talking about the compromise that he made not to actually bring the the 2008 provisions into place. we have four things we're looking at. they can lead that policy continue. t policycan let tha tpoli continue. some say it will increase spending cuts and will weigh heavily on growth and possibly drive the economy back into a
boehner." we will focus more on that issue and issues facing latino voters later on in today's "washington journal." we will go to the democrat line. ida from longwood, florida. what is the most import issue for you in the second term? caller: the most apparent issue that the news wanted to think is the fiscal cliff. it is interesting the word fiscal cliff is a cliche for "how much money is going to be taken out of the $150 million ira's of mr. romney." understand that...
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Nov 11, 2012
11/12
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CNN
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having said that, john boehner, speaker boehner, has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he is looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner has put enough on the table that an agreement can be reached, and as far as republicans getting clocked in the last election, the fact is we still have a very large majority in the house of representatives, so it could be said that while president obama won and he did win, the fact is in the congress the american people have returned a republican house of representatives so we also have, if you want to call it a mandate. i don't like to use that terminology, but i think if there's any mandate it's to try to reach common ground, and i think speaker boehner has put enough on the table that a real compromi
having said that, john boehner, speaker boehner, has shown his willingness to work out an agreement here. that can be done by affecting deductions, loopholes that would include those in the upper brackets so that the president could get the revenue that he says he is looking for, but it would be done in a way that tax rates are not increased. therefore, we believe that would not slow economic growth. i think there's enough on the table if both sides want an agreement, i think john boehner has...
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Nov 9, 2012
11/12
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speaker boehner has already proposed putting all of these fiscal cuts off to next year. president obama moon while says he wants an agreement on extending the middle class tax cuts while democrats and republicans work out their differences on raising taxes on the wealthy. lots to do here. >> tom fitzgerald, thank you. >>> wy ell, bthe end of trading today the dow closed up 4 points at 12,815. rich edison with the fox business note work joins us. let's start with a broad question. what is really at stake here? the fiscal cliff starts to take effect, as we heard from fitz, on january 1. what are we looking at as far as massive tax increases and spending cuts? >> reporter: you are talking about $500 trillion removed from the economy in taxes folks more and removing spending. the cost defense industries as tom mentioned. you have got what could equate to a drop in about a half percentage points in gross domestic product. for investors increases on capital gains. families earning $250,000 or more is what the white house wants to see for tax increases. also talking about tax i
speaker boehner has already proposed putting all of these fiscal cuts off to next year. president obama moon while says he wants an agreement on extending the middle class tax cuts while democrats and republicans work out their differences on raising taxes on the wealthy. lots to do here. >> tom fitzgerald, thank you. >>> wy ell, bthe end of trading today the dow closed up 4 points at 12,815. rich edison with the fox business note work joins us. let's start with a broad question....
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we're hearing from speaker boehner, we're hearing from the president. tell me more about how markets are reacting. >> first of all, you look at how the markets are doing, they are pretty flat. triple digit plunge made any real gains that we saw in the market today they fizzled out, brooke, right after president obama's speech. the dow up more than 70 points before we spoke to the nation about the looming fiscal cliff. and you saw the gains slowly but surely disappear. didn't deliver anything new. that's how the market sees it. more of a call to action. investors are nervous and they're showing it. look how the dow did the past couple of days. two days, between wednesday and thursday, it fell 430 points. more than 430 points. as you can see, it's wavering all day today. you know, investors, they have been moving money into bonds. that's a safer investment. they don't feel like they want to leave their money and stocks. it's a clear sign that wall street wants to hear more and wants more clarity on the fiscal cliff. brooke, with no end in sight, it is fea
we're hearing from speaker boehner, we're hearing from the president. tell me more about how markets are reacting. >> first of all, you look at how the markets are doing, they are pretty flat. triple digit plunge made any real gains that we saw in the market today they fizzled out, brooke, right after president obama's speech. the dow up more than 70 points before we spoke to the nation about the looming fiscal cliff. and you saw the gains slowly but surely disappear. didn't deliver...
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Nov 12, 2012
11/12
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 8, 2012
11/12
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john boehner will do things a little bit differently. we had some major conflict between john boehner and eric cantor. that her what a lot were trying to do. we talk to republicans who were frustrated by that. there is tension between the members, tension between staff. at one point they had to have a press conference or they put their arms around each other. that shows you the needed to show it. maybe some people did not buy it. this time we are hearing the staffs are working better and the members are doing better. they came up with a game plan because they have to be united. they actually have to lead the republican congress. they have to turn it round. host: christian science monitor -- here is your headline. let's listen to what harry reid had to say yesterday. [video clip] >> it is better to dance than to fight. it is better to work together. everything does not have to be a fight. that is the way it has been the past couple of years. everybody should comprehend, especially my senate friends, legislation is the art of compromise an
john boehner will do things a little bit differently. we had some major conflict between john boehner and eric cantor. that her what a lot were trying to do. we talk to republicans who were frustrated by that. there is tension between the members, tension between staff. at one point they had to have a press conference or they put their arms around each other. that shows you the needed to show it. maybe some people did not buy it. this time we are hearing the staffs are working better and the...
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Nov 8, 2012
11/12
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yesterday john boehner did just that. he said that the republicans are willing to accept new revenue under the right conditions to get a deal. harry reid extraordinarily was talking about dancing and fighting, which is his way of saying he's ready to make some sort of a deal as well. but like gretchen said a minute ago, there is a big selloff on wall street yesterday because people on wall street feel that we are much closer to going off the fiscal cliff than before the election. >> gretchen: even if get a decision here, any kind of an agreement, bipartisanship, whatever you want to call it, it's only going to be short-term. this is not a -- nobody is paying attention to erskine bowls and that whole debt reduction plan. nope of the this is just going to be another stop gap measure. how do you feel about that? is that really bipartisanship for the long-term? are we really going to face all of these issues with both parties? >> brian: erskine bowls wrote a column today and said this is the perfect time to act. boehner said
yesterday john boehner did just that. he said that the republicans are willing to accept new revenue under the right conditions to get a deal. harry reid extraordinarily was talking about dancing and fighting, which is his way of saying he's ready to make some sort of a deal as well. but like gretchen said a minute ago, there is a big selloff on wall street yesterday because people on wall street feel that we are much closer to going off the fiscal cliff than before the election. >>...
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Nov 13, 2012
11/12
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CNBC
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i think that speaker boehner, on the conversation that he had recently, shows that he is ready to move into a different direction. i think that he was ready to make a deal before. but his confidence was such i believe held to grover norquist that they couldn't move on the revenue. >> has that changed? has that changed? >> i think so. the fact that the president was reelected, the fact we have gaped seats in the house, the fact that we are two years from another election, i think that has changed. the fact that a lot of the tea partiers have lost or in very lee election and/or two years of experience. have to understand there is a real compromise in working together in trying to get something done. and i have confidence as a result that we will get something done. >> let's talk a little bit about the tragedy that befelled much of your district in keeps, the rockaways and many of those folks out there. are customers of line park the long island power authority what is your message to lipa today? are you satisfied with their response? >> no, their response was much too slow. you are suppo
i think that speaker boehner, on the conversation that he had recently, shows that he is ready to move into a different direction. i think that he was ready to make a deal before. but his confidence was such i believe held to grover norquist that they couldn't move on the revenue. >> has that changed? has that changed? >> i think so. the fact that the president was reelected, the fact we have gaped seats in the house, the fact that we are two years from another election, i think...
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Nov 9, 2012
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we've listened to speaker boehner. the president will make his case today. is there generally a mood that enough of this dysfunction, let's get things done and let's compromise, as long as we don't cross over our principles? >> yeah. i think there is a mood for compromise. the question is -- it will be interesting to watch the theater here. in 2010 during the lame duck period after the election there was -- they got some work done. and what -- for negotiation to work, both sides will probably start very far away. the question is will each leave the other a pathway so that they can get to a compromise. and so one thing quite difficult is for republicans to vote for a tax increase for those over $250,000. that's where things will start. the question how does it get worked out behind the scenes? in the new agreement -- in 2010 a lot of liberals were angry with the president because it looked like he had lost by allowing an extension of the bush era tax cuts we're talking about all over again. what the president did, though was won an extension of the payroll ta
we've listened to speaker boehner. the president will make his case today. is there generally a mood that enough of this dysfunction, let's get things done and let's compromise, as long as we don't cross over our principles? >> yeah. i think there is a mood for compromise. the question is -- it will be interesting to watch the theater here. in 2010 during the lame duck period after the election there was -- they got some work done. and what -- for negotiation to work, both sides will...
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Nov 9, 2012
11/12
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house speaker john boehner responded to the announcement. he said in his statement -- senate minority leader mitch mcconnell has also released a statement, and here is a portion. >> if there is a mandate in yesterday's results, it is a mandate for us to find in a way to get it to work. in the weeks and months ahead, we face a series of tremendous challenges and great opportunity. >> the american people want us to work together. democrats want us to work together. republicans want us to work together to in bank they want a balanced approach. >> the newly elected congress starts work in january but the current congress still has work to do in the lame duck session. work is expected on the impending fiscal cliff. follow all of the floor debates starting tuesday with live house coverage on c-span and the senate on c-span2. >> c-span in by its middle and high school students to send a message to the president through a short video. for a chance to win the grand prize of $5,000. the competition is open to students grades 6 through 12. for complete
house speaker john boehner responded to the announcement. he said in his statement -- senate minority leader mitch mcconnell has also released a statement, and here is a portion. >> if there is a mandate in yesterday's results, it is a mandate for us to find in a way to get it to work. in the weeks and months ahead, we face a series of tremendous challenges and great opportunity. >> the american people want us to work together. democrats want us to work together. republicans want us...
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Nov 12, 2012
11/12
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WBAL
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. >> the president and john boehner are each drawing a line in the sand on letting the bush era tax cuts expire for americans making more than $250,000 a year. the speaker wants the tax overhaul that raises money by cutting loopholes. if they cannot hammer out a spending deal by the end of the year, the nation goes over the so-called fiscal cliff and taxes go up for everyone. an average of $500 per household, and there will be deep, automatic spending cuts that could hobble the economy. republican sandoval the president to address the real problem. the real problem is uncontrolled entitlement spending and a government that has grown massively. >> democrats and republicans will have to compromise just like the president and his party did after getting walloped in the 2010 election. >> would cut $900 million in spending that was painful to us. >> in washington, a high-stakes search for middle ground. brian moore, wbal-tv 11 news. >> there is more fallout tonight for lance armstrong. >> why he has completely decided to cut ties with his organization, live strong. next domino sugar announces
. >> the president and john boehner are each drawing a line in the sand on letting the bush era tax cuts expire for americans making more than $250,000 a year. the speaker wants the tax overhaul that raises money by cutting loopholes. if they cannot hammer out a spending deal by the end of the year, the nation goes over the so-called fiscal cliff and taxes go up for everyone. an average of $500 per household, and there will be deep, automatic spending cuts that could hobble the economy....
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Nov 12, 2012
11/12
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this was the secret negotiation between barack obama and john boehner last year. we don't know all of the pieces that were in it. they offered 8$800 billion in revenue and then on the spending cut side they offered $450 billion in cuts to medicare and medication and changes to the way social security benefits are calculated. a lot of things on the table here. big things both tax increases and spending decreases. it's going to take some combination of those to get to a deal here and it's sort of where they go on this menu of options that's going to lead to whether or not they have votes to do it on capitol hill. >> there's a detail there. cut through it for me if you will. a lot of people around seem to suggest that they're going to get this thing tied up really quite quickly. my concern is that obama is beginning to grandstand. if you look at who he's meeting with, it looks like he might be preparing for a huge fight for his legacy, which actually might push us further back than a lot of people have bargained for. >> what you'll see with obama meeting with progres
this was the secret negotiation between barack obama and john boehner last year. we don't know all of the pieces that were in it. they offered 8$800 billion in revenue and then on the spending cut side they offered $450 billion in cuts to medicare and medication and changes to the way social security benefits are calculated. a lot of things on the table here. big things both tax increases and spending decreases. it's going to take some combination of those to get to a deal here and it's sort of...
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Nov 12, 2012
11/12
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in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do you think that those four points will go in negotiations with the republicans? >> mr. boehner said one thing he's not willing to give up on is maintaining the 35 percent top rate. obama wants 39.6 percent. it is rather significant increase. the obama care tax increase. he takes the tax rate on half of all maul - on small business fall in the higher tax rate of 44 percent and up from 35 percent that. is a body blow to small businesses . obama doesn't care. they are not unionized and don't help him out. we have to protect that part of the country and focus
in terms of raising revenue which boehner grew about. if you grew the economy at reagan levels instead of two percent and obama and french levels, just growing faster and do that for a decade, the federal government gets trillions in taxes. we could undo the damage by having higher growth. >> gretchen: that's the difference in ideology. raise it to 3#.9 percent x. replace the alternative minimum tax with the buffet and raise the state tax and long-term capitol gains from 15-20. where do...
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harry reid says tax hikes for the rich, john boehner talks more tax revenue, union boss from xhosas deficits are not priority. read between the lines. taxes up soon, spending may drop later, the debt will go up. that was a big part of the stock sell-off yesterday. the dow is below 13,000. a serious hardship story for you. new york area hit with another storm, more power outages, more destruction. this will hurt the whole nation's economy. "varney and company" about to begin. rs day of work. and his new boss ld him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busseto waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from ameritrade. stuart: two days after the election the fighting is starting on capitol hill. all about the fiscal cliff, the national debt and taxing the rich. no matter which way you
harry reid says tax hikes for the rich, john boehner talks more tax revenue, union boss from xhosas deficits are not priority. read between the lines. taxes up soon, spending may drop later, the debt will go up. that was a big part of the stock sell-off yesterday. the dow is below 13,000. a serious hardship story for you. new york area hit with another storm, more power outages, more destruction. this will hurt the whole nation's economy. "varney and company" about to begin. rs day of...
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Nov 9, 2012
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how does barack obama help boehner do that? and that's going to be i think big key fiscal issue coming up >> one toshiba will be competitive in 2014, mitch mcconnell see. whether in the primary or the general election, he actually concerned about his reelection. he's been raising like $1 million a quarter in the off year. every quarter for the last year and a half or so. he hired rand paul's campaign manager. ron paul's former presidential campaign chairman to come right his race in 2012. so he assisted by turning -- preparing for the contest's. he has a tough spot. emitted comment your colleague, major garrett, our top priority is stopping barack obama. congressional approval rating went down to historic lows 10%. and they suffered last night. one bad thing about, you talk about statements being made when the television cameras are on the one bad thing about this polarization that we have worked at we usually only watch msnbc or only watch fox and only talk to people that want to hear from is that you begin to adopt this alter
how does barack obama help boehner do that? and that's going to be i think big key fiscal issue coming up >> one toshiba will be competitive in 2014, mitch mcconnell see. whether in the primary or the general election, he actually concerned about his reelection. he's been raising like $1 million a quarter in the off year. every quarter for the last year and a half or so. he hired rand paul's campaign manager. ron paul's former presidential campaign chairman to come right his race in 2012....
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Nov 11, 2012
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it listened to speaker boehne boehner. he wants this to happen. we can't have tree believers at -- true believers at the table. we need real compromise. the president laid out a draft of what we could work with and change as he suggested but there are principles that we need to adhere to. we have had an election and there consequences. we need to be open minded of what the solution will be. >> congressman elect, you have served. how worried are you in a deal doesn't get done, you are here and will be part of what happens next. how worried are you for a domestic and defense cut that could be coming? >> i'm deeply worried about the defense cuts coming. i was in front lines on n afghanistan and i saw it firsthand. we didn't have active axles or tires to take the troops out and fight to bad guy. i opposed the act at the time. president put it on the table and recognized in the last debate when he said the sequestration will not happen and the secretary of defense leon panetta said it would be devastating. of the issues that congress faces in two month
it listened to speaker boehne boehner. he wants this to happen. we can't have tree believers at -- true believers at the table. we need real compromise. the president laid out a draft of what we could work with and change as he suggested but there are principles that we need to adhere to. we have had an election and there consequences. we need to be open minded of what the solution will be. >> congressman elect, you have served. how worried are you in a deal doesn't get done, you are here...
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Nov 15, 2012
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. >> if you saw a headline, boehner-obama to agree to long-term solution, you would hit buy first on com? >> we no longer have to worry about rising above? >> i think we'll see that as a joke. >> only up 3% to 5% between now and tuesday. that's not their focus. >> i understand. >> but remember when germany went down, when the german forces went down. those are countries that are dominated by rich people. a lot of those companies are plutocrasies. i think when their market went down, they said holy cow, maybe we ought to do something, maybe monty ought to get together, our country t.a.r.p., that first vote, i think people said, okay, i'm going to have to work the rest of my life, there goes my 401(k) and the congressmen rise above. i hope it doesn't take that. i hope it didn't. >> we do have some media news today, viacom is out with some numbers. >> viacom is not as bad as i had feared. the market numbers down about 6% for the company which is perhaps a little bit better than might have been expected. if you take a look over the last few weeks has been down somewhat dramatically. look
. >> if you saw a headline, boehner-obama to agree to long-term solution, you would hit buy first on com? >> we no longer have to worry about rising above? >> i think we'll see that as a joke. >> only up 3% to 5% between now and tuesday. that's not their focus. >> i understand. >> but remember when germany went down, when the german forces went down. those are countries that are dominated by rich people. a lot of those companies are plutocrasies. i think when...
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105
Nov 16, 2012
11/12
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CSPAN2
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think there's a possibility on grand bargain issues or is it more likely it will do the job boehner down payment and then set up a process? >> i don't have the answer. my hope is to establish a confidence of the american people that people are thinking it out the best interests of the country, not the short-term political interest is the members or their parties. that's the best thing we can do? in the long run, we're going to fix all these problems because people are going to quit loaning us money. we are going to fix them. the question is how much pain do we go through before refix them and how much straight to the american people have as a result of this delay in the solution for these problems? in now, as a young person today, if you have any knowledge about what's going on in washington and the effect be seriously concerned about your future in terms of your economic future, in terms of your freedom. when the young generation comes into a couple of disappointment, when expectations they thought were there or not there and won't be there in the cities now, you are going to see some a
think there's a possibility on grand bargain issues or is it more likely it will do the job boehner down payment and then set up a process? >> i don't have the answer. my hope is to establish a confidence of the american people that people are thinking it out the best interests of the country, not the short-term political interest is the members or their parties. that's the best thing we can do? in the long run, we're going to fix all these problems because people are going to quit...
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189
Nov 14, 2012
11/12
by
CNBC
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speaker boehner said he's willing to entertain more revenue. the president should take him up on that offer and they ought to come together and find some way through this. the republican party has got to take a good luook at what its future holds but a good start will be coming together to solve this problem. >> governor, nancy pelosi of course out this morning says she's going to run again for some leadership in the congress. is that a signal that the white house is going to remain more partisan perhaps than some hope? >> actually, i don't think so. you know, nancy pelosi was the one who produced the votes for the financial bailout. you all recall that. there weren't republican votes even when president bush proposed it and secretary paulson. nancy found the votes. nancy is good at finding the votes out of our progressive wing and the president will need votes from our progressive wing and nancy is a good person to do that. >> we'll see how things go down this afternoon and later in the week. governor, lanhee good to see you back. don't be a s
speaker boehner said he's willing to entertain more revenue. the president should take him up on that offer and they ought to come together and find some way through this. the republican party has got to take a good luook at what its future holds but a good start will be coming together to solve this problem. >> governor, nancy pelosi of course out this morning says she's going to run again for some leadership in the congress. is that a signal that the white house is going to remain more...
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214
Nov 13, 2012
11/12
by
CNBC
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after the election, boehner came out, thought he'd move some, and then obama came out the next day, and in the early part of his speech, he looked good. and all of a sudden he starts digging in. if you look at what the stock market did, it immediately dropped. came back a little bit that day, but immediately dropped. that's what's in people's minds and it's scaring the heck out of them. we have to have some solution. >> when we look to europe, it's a very similar scenario. we have all these issues revolving around greece and maybe to a lesser extent, spain, and it seems about the same dynamics. that it isn't results oriented, it's idle the car and hope things get better while you're sitting in there, hunkered down. >> that's absolutely the case. they have been spinning their wheels. fortunately for us, we've gotten away from the european situation, somewhat. because it looks like our economy can gain some traction. but it's immediately going to grind to a halt if we don't see something. >> you know, there's one area, there's one area that doesn't have the luxury to postpone results. and
after the election, boehner came out, thought he'd move some, and then obama came out the next day, and in the early part of his speech, he looked good. and all of a sudden he starts digging in. if you look at what the stock market did, it immediately dropped. came back a little bit that day, but immediately dropped. that's what's in people's minds and it's scaring the heck out of them. we have to have some solution. >> when we look to europe, it's a very similar scenario. we have all...